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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (68644)1/6/2014 8:10:31 PM
From: TimF  Read Replies (1) of 71588
 
They are outproducing us on green electricity production increases because they are outpacing us on increasing electricity production in general (adding new coal production all the time).

The Chinese would get more environmental benefit for less money by putting money in to things like scrubbers then they will get from subsidizing* solar and wind.

* IMO targeted tax cuts are not subsidies (the government is not giving wealth to someone they are taking less), but they have the same or almost the same economic effect and they often get called subsidies. When I talk about the government tilting the economy towards one type of solution or one type of producer I'll typically say subsidizes or subsidizing, despite the technical inaccuracy because that's a lot less clumsy than something like "taking actions which advantage this type of producer" or some similar construction. I might even use the term, when I'm presenting the idea as a verb, for restraint (or requirement) of trade that benefits a special interest such as feed-in tariffs for solar and wind, and import quotas on sugar, but really while subsidies, favorable tax rates, and restraint on competition all benefit special interests, they are three different things. I believe China might do all three (not sure about the tax rate part).
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